Huawei senior executive working with Google to counter U.S. ban

BRUSSELS: Chinese telecoms equipment maker Huawei is working closely with Google to resolve restrictions imposed by the United States last week, a senior Huawei executive said on Tuesday.

"They (Google) have zero motivation to block us. We are working closely with Google to find out how Huawei can handle the situation and the impact from the U.S. Department of Commerce decision," Abraham Liu, Huawei's representative to the EU institutions told Reuters.

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After PSU banks, the government is likely to infuse capital in two chronically ill telecom PSUs BSNL and MTNL, and the Union Cabinet is likely to take a decision on 4G spectrum allocation to them by the third week of the current month after DoT places the note before it for consideration.

At a high-level meeting at the PMO late Tuesday, it was also decided that the two telcos will frame a Voluntary Retirement Scheme (VRS) to reduce their employee strength, which will be followed by a reduction in the retirement age to 58.